| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | $19M | $11M | 45.8% | 140.1% |
| Op. Income | -$18M | -$8M | -$16M | -118.8% | -15.4% |
| Gross Margin | 36.8% | 48.9% | 58.9% | -12.1pp | -22.1pp |
| Net Margin | -41.8% | 4.4% | -227.1% | -46.3pp | 185.2pp |
| EPS (Diluted) | $-0.22 | $-0.14 | $-0.54 | -57.1% | 59.3% |
| Free Cash Flow | -$32M | -$19M | -$18M | -69.8% | -74.3% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $9M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $45M |
| OPERATING INCOME | -$18M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $232.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $14M |
| EBIT | -$18M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$60.0K |
| Acquisitions (Net) | -$378.0K |
| Purchases of Investments | $304.0K |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$360.0K |
| NET CASH FROM FINANCING | -$360.0K |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $66M |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $113M |
| PP&E (Net) | $1M |
| Goodwill | $3M |
| Intangible Assets | $74M |
| Long-Term Investments | $25M |
| Tax Assets | $0 |
| Other Non-Current Assets | $689.0K |
| TOTAL NON-CURRENT ASSETS | $104M |
| TOTAL ASSETS | $218M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $22M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $56M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $352M |
| Retained Earnings | -$190M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$222.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $162M |
| Minority Interest | $0 |
| TOTAL EQUITY | $162M |
| TOTAL LIABILITIES & EQUITY | $218M |
| Total Debt | $0 |
| Net Debt | -$15M |
